Lakeland Industries Inc Director Receives Restricted Stock and RSUs
Thomas J McAteer, a director of Lakeland Industries Inc, received restricted stock and restricted stock units (RSUs) in lieu of a portion of his retainer fees for the fiscal year ending January 31, 2026. The restricted stock, valued at $13.35 per share, was granted on August 1, 2025, and vests on the first anniversary of the grant date, provided his service as a director is not terminated for cause. Additionally, McAteer received RSUs, which represent a 30% premium on the amount of retainer fees he elected to receive in equity instead of cash. These RSUs also vest on the first anniversary of the grant date, contingent on his continuous service through that date. Following these transactions, McAteer's total holdings in Lakeland Industries Inc common stock increased to 73,430 shares.